IOTA or MIOTA What is The Difference?

IOTA is an open-source distributed ledger (cryptocurrency) focused on providing secure communications and payments between machines on the Internet of Things. IOTA is not Blockchain technology. IOTA is using directed acyclic graph (DAG) technology instead of the traditional blockchain, IOTA’s transactions are free regardless of the size of the transaction, confirmations times are fast, the number of transactions the system can handle simultaneously is unlimited, and the system can easily scale.

1

IOTA

103

KiloIota (Ki)

106

MegaIota (Mi)

109

GigaIota (Gi)

1012

TeraIota (Ti)

1015

PetaIota (Pi)

Blockchain technology was pioneered by Bitcoin and all other cryptocurrencies that followed by using blockchain are considered Altcoins (Alternative Coins). IOTA pioneered the Tangle technology. Technically speaking IOTA is now the Bitcoin of 2009.

You can send any amount of IOTA for FREE.

There are many misconceptions about the supply of IOTA. The final supply of BITCOIN is 21 million. The final supply of IOTA is 2.79 million GIOTAS.

1 IOTA is the smallest divisible portion of this cryptocurrency. For example, you can own 0.0000001 Bitcoin. With IOTA the smallest unit is 1 IOTA. You can never own less than 1 IOTA, unless you have zero.

Enthusiast and Supporter of the Blockchain Technology. Studied at Economic Science in Qafqaz University & MBA in Azerbaijan State Economic University, had experience in banking sector. Now businessman and investor.

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